Monday, November 28, 2022 10:25:43 AM
Their cap of best ask at exactly $0.01 is the level needed to force BZWR out of OTCQB compliance. The cure for BZWR would be a reverse split. However, even though a reverse split doesn't mathematically cause a loss in share value, it is an unfavorable event because traders see it as a warning or indication of future trouble. If BZWR chooses to maintain its OTCQB status with a reverse split, it is easy to imagine the shares losing half of their value or more. This would make a lot of money for anyone shorting the stock.
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